The declining role of Social Security

Munnell, Alicia Haydock. “The declining role of Social Security”. Just the Facts 6, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, February 2003. http://hdl.handle.net/2345/bc-ir:104527.
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Abstract

Policymakers have focused considerable attention on alternative ways of eliminating Social Security's 75-year financing gap, but lost in the debate is the fact that even under current law Social Security will provide less retirement income relative to previous earnings than it does today. Combine the already legislated reductions with potential cuts due to closing the financing gap, and Social Security may no longer be the mainstay of the retirement system for many people. Recognizing the declining role of Social Security is important because future retirees will need to find alternative income sources as they age...

Title
The declining role of Social Security
Author
Munnell, Alicia Haydock
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
February 2003
Publisher
Center for Retirement Research at Boston College
Series Title
Just the Facts
Series Number
6
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104527
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Social Security

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